Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, office REIT Vornado Realty Trust (NYSE:VNO) has received the dreaded one-star ranking.

With that in mind, let's take a closer look at Vornado's business and see what CAPS investors are saying about the stock right now.

Vornado facts


New York, N.Y.

Market Cap

$7.33 billion



TTM Revenue

$2.61 billion


CEO Michael Fascitelli

CFO Joseph Macnow

Return on Equity (average, last five years and TTM)

9.5% and 1.4%


Boston Properties (NYSE:BXP)

Brookfield Properties

CAPS members bearish on VNO also bearish on

Simon Property Group (NYSE:SPG)

Citigroup (NYSE:C)

Goldman Sachs (NYSE:GS)

CAPS members bullish on VNO also bullish on

General Electric (NYSE:GE)


Sources: Capital IQ, a division of Standard & Poor's, and Motley Fool CAPS. TTM = trailing 12 months.

Over on CAPS, fully 135 of the 178 All-Star members who have rated Vornado -- some 76% -- believe the stock will underperform the S&P 500 going forward. These bears include All-Stars blake303 and MystixX, both of whom are ranked in the top 2% of our community.

Late last month, blake303 made a quick update on his bearish stance:

My previous pitch, which is still valid: Increasing tenant closures/bankruptcies. Falling lease rates. Rising cap rates. Refinancing difficulties. Dilution by stock dividends.

My new pitch: This [stock] is up more than 60% since the beginning of March.

In a pitch from four days earlier, MystixX echoes that contrarian sentiment:

No turnaround for commercial real estate in sight, property values continue to plummet as more and more stores are forced to close. All the unemployed have yet to really affect the economy once the last remnants of their equity are used up in the coming months. This death spiral has a ways to go.

What do you think about Vornado, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. More than 135,000 investors are waiting to hear what you have to say. CAPS is 100% free, so simply click here to get started.

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Google is a Motley Fool Rule Breakers selection. The Fool's disclosure policy always gets a perfect score.